You are here

Fresh GLC mergers 'likely to lift valuations'

Singapore

A NEW wave of restructuring and internationalisation of government-linked companies (GLCs) in Singapore may lift market valuations ahead, as the country marks its golden jubilee in August, a Morgan Stanley report said.

This comes especially as a number of GLCs compete...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes